Japan Post Holdings Placement - The Final US$8bn Countdown - Shaping up Better than the Last Deal

ECM Weekly (24th October 2021) - Japan Post, SiteMinder, MicroPort Medbot, PolicyBazaar

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

Japan Post's decline is on track toward our buy zone, but Friday's high sell volume is concerning on the downside gaps registered late last week. 826 is the ideal support focus for a long.Break below 900 pivot support in line and seeing downside momentum (downside gaps). 900 is now fresh resistance for those keen on the short side.We need to see selling pressure ease up before we jumping into a long (a slower price decline starting with sell volumes dropping). Friday's sell spike needs time to exhaust.800 is macro support as the more aggressive buy zone.

Japan Post's decline is on track toward our buy zone, but Friday's high sell volume is concerning on the downside gaps registered late last week. 826 is the ideal support focus for a long.Break below 900 pivot support in line and seeing downside momentum (downside gaps). 900 is now fresh resistance for those keen on the short side.We need to see selling pressure ease up before we jumping into a long (a slower price decline starting with sell volumes dropping). Friday's sell spike needs time to exhaust.800 is macro support as the more aggressive buy zone.

Japan Post Below 900 - Reaching for Our Buy Zone